AMMO Inc (NASDAQ: POWW) is 21.43% higher on its value in year-to-date trading and has touched a low of $1.60 and a high of $3.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The POWW stock was last observed hovering at around $2.47 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.55, the stock is -3.74% and 2.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 3.24% at the moment leaves the stock 12.88% off its SMA200. POWW registered 27.50% gain for a year compared to 6-month loss of -6.25%.
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The stock witnessed a -1.54% gain in the last 1 month and extending the period to 3 months gives it a 26.24%, and is -0.39% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.00% over the week and 4.59% over the month.
AMMO Inc (POWW) has around 342 employees, a market worth around $302.58M and $148.32M in sales. Fwd P/E is 22.17. Profit margin for the company is -10.98%. Distance from 52-week low is 59.37% and -19.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.35%).
The EPS is expected to shrink by -106.25% this year
The shares outstanding are 118.29M, and float is at 88.91M with Short Float at 3.16%.
AMMO Inc (POWW) Insider Activity
The most recent transaction is an insider sale by WAGENHALS FRED W, the company’s EXECUTIVE CHAIR. SEC filings show that WAGENHALS FRED W sold 221,138 shares of the company’s common stock on Mar 04 ’24 at a price of $2.43 per share for a total of $0.54 million. Following the sale, the insider now owns 7.07 million shares.
AMMO Inc disclosed in a document filed with the SEC on Mar 01 ’24 that WAGENHALS FRED W (EXECUTIVE CHAIR) sold a total of 30,590 shares of the company’s common stock. The trade occurred on Mar 01 ’24 and was made at $2.40 per share for $73416.0. Following the transaction, the insider now directly holds 7.29 million shares of the POWW stock.
Still, SEC filings show that on Feb 29 ’24, WAGENHALS FRED W (EXECUTIVE CHAIR) disposed off 5,699 shares at an average price of $2.40 for $13678.0. The insider now directly holds 7,318,428 shares of AMMO Inc (POWW).
